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Updated over 7 years ago on . Most recent reply

Joe Watson's profile image
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Joe Watson
  • Property Manager
  • from Nokomis, Florida
  • Member since Jan 10, 2014
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Joe Watson's profile image
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Joe Watson
  • Property Manager
  • from Nokomis, Florida
  • Member since Jan 10, 2014
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Joe Watson
  • Property Manager
  • Nokomis, FL
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Rehabbing & House Flipping

Can Home Owners Offer a Fee To anyone who refers a buyer to them?

Joe Watson
  • Property Manager
  • Nokomis, FL
Posted

"Can I as a Home Owner - legally offer a Fee - to Anyone Who Refers A Buyer For a Property I Own, That Results in A Sale?

This is a 5 bedroom Beach Front Property on a Small Florida Island. Would make a Good Investment For A Business Enity to Use for Entertaining Clients for a Weekend Stay On the Beach.  Or an International wanting to move money to the U.S.A.

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Russell Brazil
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Russell Brazil's profile image
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Russell Brazil
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

This of course can vary by state law, but in all the states I am licensed in, no this would not be legal.  Fees for referring someone for the purposes of buying or selling real estate can only be made and collected by licensed agents. 

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